Microsoft Unusual Options Activity For November 22

A whale with a lot of money to spend has taken a noticeably bearish stance on Microsoft.

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Looking at options history for Microsoft (NASDAQ:MSFT) we detected 28 strange trades.

If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 75% with bearish.

From the overall spotted trades, 12 are puts, for a total amount of $1,291,158 and 16, calls, for a total amount of $1,494,785.

What’s The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $160.0 to $300.0 for Microsoft over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Microsoft’s options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Microsoft’s whale activity within a strike price range from $160.0 to $300.0 in the last 30 days.

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Microsoft Option Volume And Open Interest Over Last 30 Days

© Provided by Benzinga Options Call Chart

Biggest Options Spotted:

 

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MSFT CALL TRADE NEUTRAL 02/17/23 $270.00 $624.0K 8.9K 1.3K
MSFT PUT SWEEP BULLISH 12/16/22 $247.50 $463.1K 553 448
MSFT PUT SWEEP BEARISH 01/20/23 $235.00 $216.7K 9.5K 325
MSFT PUT SWEEP BULLISH 12/16/22 $242.50 $133.9K 201 195
MSFT PUT SWEEP BEARISH 12/02/22 $242.50 $132.0K 752 497

Where Is Microsoft Standing Right Now?

With a volume of 4,468,572, the price of MSFT is up 0.18% at $242.47. RSI indicators hint that the underlying stock is currently neutral between overbought and oversold. Next earnings are expected to be released in 63 days.

What The Experts Say On Microsoft:

Wells Fargo has decided to maintain their Overweight rating on Microsoft, which currently sits at a price target of $300. Wolfe Research has decided to maintain their Outperform rating on Microsoft, which currently sits at a price target of $280. Deutsche Bank has decided to maintain their Buy rating on Microsoft, which currently sits at a price target of $275. Wedbush has decided to maintain their Outperform rating on Microsoft, which currently sits at a price target of $290. Barclays has decided to maintain their Overweight rating on Microsoft, which currently sits at a price target of $296.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Microsoft, Benzinga Pro gives you real-time options trades alerts.

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